Figma's stock soars in its highly anticipated IPO, market cap instantly hits $45B

Plus more of TechCrunch's top stories this afternoon

View this email online in your browser  July 31, 2025 TechCrunch Top 3 Figma's stock soars in its highly anticipated IPO, market cap instantly hits $45B: There has been so much demand for this stock that people on X are posting funny pictures of their orders being fulfilled. Read More Ford to reveal more about its new low-cost electric vehicles on August 11: Jim Farley, Ford's CEO, has touted this as a "Model T moment" -- but the first of these new EVs won't come out until 2027. Read More The best dating apps aren't even dating apps: With dating app fatigue rising, some people are finding love in unexpected places — the forums and sites they use to pass idle time online, as opposed to those dedicated to online dating. Read More A message from TechCrunch Events Showcase your brand to 10,000+ tech leaders Get your brand in front of 10,000+ tech and VC leaders over three action-packed days at Disrupt 2025 this October. Boost your visibility, spark meaningful connections, and position your company at the forefront of innovation. Don't wait. Secure your exhibit space before your competitor beats you to it. Book Now Afternoon Must-Reads Apple plans to 'significantly' grow AI investments and is open to M&A: Apple is open to M&A to accelerate its AI strategy, and says it's made seven acquisitions this year so far. Read More Your public ChatGPT queries are getting indexed by Google and other search engines: Search engines are indexing links to ChatGPT conversations that have been made sharable with a link. Read More Zuckerberg says people without AI glasses will be at a disadvantage in the future: Mark Zuckerberg really believes AI glasses will be the ideal way to blend the physical and digital worlds together. Read More Figma's IPO price hit a $19.3B valuation out of the gate: In what should be a surprise to no one, Figma priced its IPO shares above its already increased previously announced range. Read More Proton releases a new app for two-factor authentication: Proton has a free authenticator app, which is available cross-platform with end-to-end encryption protection for data. Read More A message from TechCrunch Events Join 10,000 tech & VC leaders at Disrupt 2025 in Oct 250+ top tech voices. 200 sessions. 10,000+ attendees. 3 days straight — October 27–29 at Moscone West in San Francisco. Don't miss valuable takeaways across 6 industry stages, breakouts, roundtables, and unmatched networking. All at the 20th anniversary of TechCrunch Disrupt. Register now to save up to $675 on your ticket. Register Now Last but Not Least OpenAI to launch AI data center in Norway, its first in Europe: OpenAI said the new Norway-based data center comes as the European Union races to achieve AI sovereignty by investing in data center and compute power. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Want to adjust your daily newsletter schedule? You can do it right here Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2025 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107